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Gilady: Israel sport is corruption-free

November 19, 2009 16:56
1 min read

In a few weeks that has seen questions raised about the administration of some Israeli sports clubs, the country’s IOC representative insisted that Israeli sports is “corruption free”.

Speaking about the suicide of Moni Fanan, a former Maccabi Tel Aviv basketball manager, Alex Gilady, a senior member of the International Olympic Committee (IOC) and a member of the IOC’s London 2012 Co-ordination Commission said: “All we know is that a gentleman who held a voluntary position as manager of Maccabi Tel Aviv basketball has committed suicide for reasons that are not clear.

“This has happened two years after he left his position in the club and the tax authorities are investigating. No corruption cases have been exposed.”

However, an investigation into Mr Fanan’s bank accounts is expected to show that he served as an unofficial bank for dozens of basketball players who would deposit large sums with him — the minimum investment was $100,000 — in return for an exceedingly handsome interest.